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Sensex, Nifty succumb to selling pressure in blue-chips amid weak global cues

India, Jan. 20 -- Stock market benchmarks Sensex and Nifty ended lower on Monday, tracking deep losses in heavyweights Reliance Industries, Eternal, and ICICI Bank amid rising geopolitical tensions an... Read More


Industry seeks GST-style simplification in customs duty structure in Budget

India, Jan. 20 -- India Inc is expecting a GST-style modification in the customs duty regime, as it seeks steps to promote trade facilitation and simplify dispute resolution in the FY27 Budget. Besid... Read More


Blase Capital FISTING GAINS

India, Jan. 20 -- It was expected to witness a strong listing. The grey market premium was 50-60 per cent. However, the Bharat Coking Coal IPO (Initial Public Offering) defied expectations, and predic... Read More


Delhi HC quashes 2016 IT notices to Prannoy Roy, Radhika Roy, imposes Rs 2 lakh fine on income tax

India, Jan. 20 -- The Delhi High Court on Monday quashed the 2016 income tax notices to NDTV founders Prannoy Roy and Radhika Roy and asked the department to pay Rs 1 lakh to each of them as a token c... Read More


Safaricom to roll out tokenised Wi-Fi with hourly and daily plans

Nairobi, Jan. 20 -- Safaricom plans to roll out tokenised Wi-Fi within the next month, introducing pay-as-you-go broadband options as the telco seeks to expand fixed internet access beyond higher-inco... Read More


Kenya's debt servicing costs hit Sh942bn in first half

Nairobi, Jan. 20 -- Kenya's debt servicing costs jumped 44.1 percent in the first half of the current financial year, increasing pressure on public finances as repayments consumed more than 80 percent... Read More


Investment bank Capital A tops in bonds trading

Nairobi, Jan. 20 -- Capital A Investment Bank dominated trading in bonds -the largest asset class- on the Nairobi Securities Exchange (NSE) last year according to market data. The institution oversaw... Read More


FSD Africa to mobilise Sh10bn debt fund for Kenyan SMEs

Nairobi, Jan. 20 -- UK-backed Financial Sector Deepening Africa (FSD Africa) is lining up a new debt fund to help mobilise between $64 million (Sh8.25 billion) and $77 million (Sh9.93 billion) for len... Read More


Investors switch Sh25bn into lower-return bond

Nairobi, Jan. 20 -- Investors who held a 10-year bond maturing in August 2026 agreed to roll over Sh26.49 billion of their paper into a 15-year bond in the current fiscal year's first switch bond issu... Read More


"If I can bring one rupee to Assam, automatically that one rupee goes to Northeast": CM Himanta Biswa Sarma at Davos

Davos, Jan. 19 -- As Assam made its debut at the 56th World Economic Forum in Davos on Monday, Chief Minister Himanta Biswa Sarma said that the ecosystem is gradually being developed in Assam and said... Read More